Buyer Agency on the East End of Long Island

November 25th, 2008 category: Buyers, Real Estate News

While it would appear that an increasing number of real estate agents are understanding the need for representation on both sides of a real estate transaction, I heard the following comment recently:

“Why do there have to be ‘two sides’ to a transaction? This isn’t a battle, it’s a cooperative effort.”

Exactly.

Wondering why a cooperative effort, in the presence of two separate parties, should be challenging is the bigger question for those considering the jump to buyer agency.

There is no dismissing the fact that when there is a seller seeking the best possible price, and a buyer seeking the best possible price, there are by the nature of the transaction, “two sides.” It’s unavoidable, and etched in stone. Acknowledging the needs of each side, independent of one another, permit an ethical real estate agent to participate with a client-level (as opposed to customer level) focus- whichever side is their responsibility affords an opportunity to create a loyal and ethical transaction for their client.

Rather than viewing it as a detriment to one side or the other, perhaps it should be viewed as a benefit to both- a two sided situation is exactly that. Ignoring one side in favor of the other serves no one; providing both with an integrous experience offers much value to a transaction.

BUYERS WILL EVENTUALLY BE SELLERS- buyers deserve an experience that provides transparency, not a hidden agenda.

Questioning the NEEDS of each side would seem a more appropriate thought process- the suggestion that both sides should ignore the obvious (that there are two sides to a transaction) is of zero value to one, the other, or both.

In order for a real estate agent to remain (or become, on the east end) of value to a transaction, the recipient of their services must take away tangible evidence that focus was offered, along with clarity.

If you are a buyer seeking a home on the east end of Long Island, buyer agency is available- don’t make a home purchase without exploring this opportunity to provide a balanced transaction for all involved.

TO CHECK OUT AVAILABLE HOMES ON THE NORTH FORK, CLICK “NORTH FORK HOMES” (top right) to access MLSLI.

This entry was posted on Tuesday, November 25th, 2008 at 3:19 pm and is filed under Buyers, Real Estate News. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.

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